Maandag heb ik op de Vrije Universiteit mijn proefschrift 'J. Zijlstra en H.J. Witteveen: Van Denken naar Doen' verdedigd. Het resultaat van een fascinerende reis door de loopbanen van 2 economen tussen wetenschap en politiek. Handelseditie GRENSWERK -> https://t.co/5Xmt8f765h
Het vernieuwde liberaal manifest dat de VVD vandaag presenteert op de ledenvergadering heeft een houdbaarheid van maximaal 6 maanden omdat het niet in gaat op kunstmatige intelligentie en hoe dat de samenleving en economie transformeert. Gemiste kans
A key point.
The social market economy is core to Germanys prosperity and identity.
Ordoliberalism was founded as a philosophy against price controls, and for unleashing fair competition (Eucken/Ropke).
Chinas policies are the definition of distorted competition and prices.
Yann LeCun says LLMs aren’t a bubble in value or investment—they’ll drive many real-world applications and justify current infrastructure spend.
The actual bubble lies in assuming LLMs can become human-level thinkers.
My Netherlands visit has added new momentum to India-Netherlands ties. From elevating our relationship to a Strategic Partnership to expanding cooperation in water resources, semiconductors, innovation, defence, sustainability and mobility, we have charted an ambitious roadmap for the future.
I express my gratitude to PM Rob Jetten for the warm hospitality and for personally coming to the airport to bid farewell.
I am confident that the friendship between India and the Netherlands will continue to grow stronger in the years to come.
@MinPres
Yann LeCun says that within a year to 18 months, we'll have a general method for training hierarchical world models
These models would learn from video and real-world data, then help plan actions in robotics, healthcare, and other areas
"then scale them toward a universal world model"
Yann LeCun says LLMs are strongest in domains where language itself is the substrate of reasoning, like math and code
They can solve problems, prove theorems, and write programs — but they are not creative mathematicians, software architects, or computer scientists
"their role is to help humans build"
Yann LeCun (@ylecun ): Sillion Valley is "completely LLM-pilled"
"In the end, if you’re interested in building systems that have the intelligence of, let’s say, a cat, let alone humans, you need common sense. You need the ability to predict the consequences of your actions.
You need the ability to plan. You need the ability to reason.
And you’re not going to get this with VLA, VLM, or LLM or any generative architectures."
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From 'AI House Davos" YT channel (full link in comment)
@Buitenhoftv@DefensieMin@DilanYesilgoz Erken nou gewoon dat dit een onverstandige toezegging was en dat daar nu in het algemeen belang op terug moet worden gekomen.
Good Morning from #Germany, where 10y govt bond yields have risen >3%, their highest level since 2011. The recent increase is driven disproportionately by higher long-term inflation expectations – meaning real 10y yields have fallen from 1.35% to 0.77%.
The chart tells a striking story: between 2014 and 2022, real yields were negative, allowing Germany to effectively reduce its debt while “sleeping.” Only since 2022 – and especially after the suspension of the debt brake in 2025 – have investors once again begun to demand positive and higher real interest rates.
@mr_Smith_Econ@telegraaf@lexhoogduin Begin 2004 had ik een werkgroep politicologie waar Chavez werd geprezen. Gelukkig was daar @meindertfennema om te corrigeren. Weliswaar kneiter links, maar stond voor de klassieke liberale grondrechten.
Helaas is hij niet meer om te corrigeren op de Oude Manhuispoort.
The Netherlands wants to tax unrealized gains first by 2028, because the system still isn’t ready to tax realized gains properly.
So the plan is: launch it broken, fix it later. With your money.
Netherlands just cancelled the 36% tax on unrealized gains.
Back to the drawing board after huge negative public reaction.
You can't force people to pay taxes on paper profits they have not realized yet. Especially when those gains can evaporate overnight.
This policy was going to destroy retail investors and drive wealth to other countries. People would have been forced liquidate assets just to cover tax bills on holdings they wanted to keep.
Public pressure works when enough people speak up.
Den Haag: we maken een nieuwe box 3.
Beleggers: dit rammelt.
Fiscalisten: dit rammelt.
Economen: dit rammelt.
Den Haag: stempel op wetsvoorstel. ✅
De hele wereld: D-I-T R-A-M-M-E-L-T!
Kabinet: “Hier is iets niet goed gegaan.” 🤡
Fijn dat u ook bent aangeschoven.